GXO Logistics, Inc. (NYSE:GXO) Q1 2022 Earnings Conference Call May 5, 2022 8:30 AM ET
Company Participants
Malcolm Wilson – CEO
Baris Oran – CFO
Mark Manduca – CIO
Conference Call Participants
Scott Schneeberger - Oppenheimer
Christian Wetherbee - Citigroup
Amit Mehrotra - Deutsche Bank
Bascome Majors - Susquehanna Financial
Brian Ossenbeck - J.P. Morgan
Mario Cortellacci - Jefferies
Ravi Shanker - Morgan Stanley
Operator
Welcome to GXO Q1 2022 Earnings Conference Call and Webcast. My name is Darryl and I’ll be your operator for today’s call. At this time, all participants are in a listen-only mode. Later, we’ll conduct a question-and-answer session. [Operator Instructions]. Please note that this conference is being recorded.
Before the call begins, let me read a brief statement on behalf of the company regarding forward-looking statements, the use of non-GAAP financial measures, and company guidance. During this call, the company will be making certain forward-looking statements within the meaning of applicable securities laws, which by their nature involve a number of risks, uncertainties, and other factors that could cause actual results to differ materially from those projected in the forward-looking statements. A discussion of factors that could cause actual results to differ materially is contained in the company’s SEC filings. The forward-looking statements in the company’s earnings release or made on this call are made only as of today, and the company has no obligation to update any of these forward-looking statements, except to the extent required by law.
The company also may refer to certain non-GAAP financial measures as defined under the applicable SEC rules during this call. Reconciliations of such non-GAAP financial measures to the most comparable GAAP measures are contained in the company’s earnings release and the related financial tables are on its website. Unless otherwise stated, all results reported on this call are reported in the United States dollars. The company will also remind you that this guidance incorporates business trends to date and what it believes today to be appropriate assumptions. The company’s results are inherently unpredictable and may be materially affected by many factors, including fluctuations in foreign exchange rates, changes in global economic conditions, and consumer demand and spending, labor market and global supply chain constraints, inflationary pressures and the various factors detailed in its filings with the SEC. It is not possible for the company to actually predict, demand for its services and therefore actual results could differ materially from the guidance. You can find a copy of the company’s earnings release, which contains additional information regarding forward-looking statements and non-GAAP financial measures in the Investors section on the company website. I will now turn the call over to GXO’s Chief Executive Officer, Malcolm Wilson. Mr. Wilson, you may begin.